Legal Services

Devencore Legal Services Ltd.* is closely aligned with and complements the whole range of Devencore’s extensive real estate service offering and advisory solutions.

We offer legal advice and transactional representation to Devencore clients related to commercial and corporate real estate transactions, including acquisitions and dispositions, financing, development and leasing across Canada.

We advise and counsel businesses with respect to the numerous legal concerns inherent to real estate transactions and other related commercial interests.

More specifically, we provide assistance to our clients with a variety of their real estate requirements, ranging from counsel and advice to structuring, drafting, reviewing, negotiating and implementing legal documentation, notably with respect to the following matters:

Leasing of all classes of real estate, including office, retail and industrial properties

Purchase and sale of all types of real estate assets, including office, retail, hotel, industrial, multi-occupancy residential, recreational and development properties

Purchase and sale of businesses which include substantial real estate assets

Financing, short to long-term, and other loans and hypothecs and other security interests

Closely aligned with Devencore’s brokerage and consultancy, our team of legal professionals has comprehensive knowledge and experience of the various markets in which our clients conduct transactions. We are aware of the markets’ realities & trends. We understand the thought process of the various real estate professionals, such as owners, managers, developers, designers, architects, engineers, etc. This enables us to provide our clients with unrivalled expertise. Indeed, our unique market insight, which we share with our clients, allows us to ensure that our clients’ legal concerns are properly addressed in light of the specific context of their transaction.

We counsel and serve a diverse clientele composed of small and medium enterprises, financial institutions and large corporations, which operate in various domains.

Devencore Legal Services Advantage

The advantage of Devencore is that we are involved from the inception of the deal, and therefore we have a unique and precise grasp of the legal and business concerns and complexities which allows us to deliver effective advice and services.

* Devencore Legal Services Ltd. is a legal advisory firm affiliated with Devencore Ltd. Both entities are Canadian corporations incorporated under the laws of Canada.

Leasing

Our clients seek our services throughout the leasing process. In conjunction with the brokerage team, we typically accompany our clients from the offer to lease all the way to closing and signing of the lease agreement. We also counsel our clients with respect to their various leasing rights and options over the course of their lease and we represent them in exercising such rights and options, including expansions, subleases, assignments, waivers, terminations & surrenders, and other lease-related transactions. Finally, we counsel our clients on various lease exit strategies and represent them in negotiating exit agreements and concluding their lease relationships.

Purchasing & Selling

Our clients seek our services throughout the purchase & sale process. In conjunction with the brokerage team, we typically accompany our clients from the offer to purchase or sell all the way to closing and signing of the deed of purchase & sale. During this process, we represent and counsel our clients in drafting and negotiating intent letters, offers and agreements of purchase and sale, and we assist them in conducting, or responding to various due diligence investigations. These include title and off-title verifications, review of leases and mortgages, analysis of contractual rights and obligations, and developing strategies based upon such review.

Business transfers which include substantial real estate assets

Similarly to the context of purchasing & selling, we accompany our clients throughout the process of transferring a business which includes a substantial real estate asset, whether by way of a sale of assets or transfer of shares.

Financing

We assist our clients in contracting various financing arrangements, including acquisition loans, mezzanine and other subordinated debt facilities, and various security interests. We represent and counsel our clients in reviewing, drafting, and negotiating term sheets, memorandums of understanding, loan and security agreements, and various other peripheral documents related to financing arrangements. In addition, we assist our clients in conducting, or responding to various due diligence investigations.